ACC100 Exercise 9-10

May 21st, 2016
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Elburn Supply Co, notes receivable, collection of Ramirez note

Word Count: 64
Showing Page: 1/1
9.10 Journal Entries:DateNov. 1Account Title8% Note ReceivableCashDebitCredit30,75030,750Dec. 11 6% Note ReceivableSales87,000Dec. 16 15% Note ReceivableAccount Receivable43,520Dec. 31 Interest ReceivableInterest Revenue87,00043,520970970Calculation of Interest:1 8%

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